The disclosed mutual fund systems, processes and products involve: selecting, from the universe of asset classes, a restricted number of asset classes that have demonstrated superior returns by maintaining momentum during an existing first period of time, say at least two years; selecting, from these asset classes, portfolios of assets that have demonstrated superior returns by maintaining momentum during an existing second period of time, say at most two years; establishing and optimizing a benchmark based upon these portfolios of assets to identify a moving portfolio having calculated momentum; and tracking and periodically updating investment decisions to monitor and maintain the calculated momentum of the moving portfolio.
Legal claims defining the scope of protection, as filed with the USPTO.
1. A financial system comprising: (a) electronic means for selecting, from a universe of first asset classes, a first portfolio containing a restricted number of said first asset classes that have demonstrated superior returns by maintaining momentum during a first period of time of relatively long duration; (b) electronic means for selecting, from said first portfolio, a second portfolio of selected assets that have demonstrated superior returns by maintaining momentum during a second period of time of relatively short duration; (c) electronic means for establishing and optimizing a benchmark based upon said first portfolio and said second portfolio to identify a moving portfolio having a calculated momentum index, and (d) electronic means for tracking and periodically updating investment decisions to monitor and maintain said momentum index said moving portfolio.
2. The financial system of claim 1 wherein said first period of time is at least two years and said second period of time is at most two years.
3. A financial process comprising the steps of: (a) electronic selecting, from a universe of asset classes, a first portfolio containing a restricted number of asset classes that have demonstrated superior returns by maintaining momentum during a first period of time of relatively long duration; (b) electronic selecting, from said first portfolio, a second portfolio of assets that have demonstrated superior returns by maintaining momentum during a second period of time of relatively short duration; (c) electronic establishing and optimizing a benchmark based upon said first portfolio and said second portfolio to identify a moving portfolio having a calculated momentum benchmark, and (d) electronic tracking and periodically updating investment decisions to monitor and maintain said calculated momentum benchmark of said moving portfolio.
4. The financial process of claim 3 wherein said first period of time is at least two years and said second period of time is at most two years.
6. The financial system of claim 5 wherein said first period of time is at least two years and said second period of time is at most two years.
8. The financial process of claim 7 wherein said first period of time is at least two years and said second period of time is at most two years.
10. The financial system of claim 9 wherein said first period of time is at least two years and said second period of time is at most two years.
12. The financial process of claim 11 wherein said first period of time is at least two years and said second period of time is at most two years.
Cooperative Patent Classification codes for this invention. Click any code to explore related patents in that topic.
August 26, 2000
March 28, 2006
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